QES Group Berhad Balance Sheet Health
Financial Health criteria checks 4/6
QES Group Berhad has a total shareholder equity of MYR181.9M and total debt of MYR36.8M, which brings its debt-to-equity ratio to 20.3%. Its total assets and total liabilities are MYR278.8M and MYR96.9M respectively. QES Group Berhad's EBIT is MYR18.4M making its interest coverage ratio 18.8. It has cash and short-term investments of MYR90.1M.
Key information
20.3%
Debt to equity ratio
RM 36.84m
Debt
| Interest coverage ratio | 18.8x |
| Cash | RM 90.09m |
| Equity | RM 181.92m |
| Total liabilities | RM 96.86m |
| Total assets | RM 278.79m |
Recent financial health updates
Is QES Group Berhad (KLSE:QES) Using Too Much Debt?
Aug 08
Here's Why QES Group Berhad (KLSE:QES) Can Manage Its Debt Responsibly
May 09Does QES Group Berhad (KLSE:QES) Have A Healthy Balance Sheet?
Oct 18Is QES Group Berhad (KLSE:QES) Using Too Much Debt?
Mar 07QES Group Berhad (KLSE:QES) Seems To Use Debt Quite Sensibly
Nov 27Is QES Group Berhad (KLSE:QES) A Risky Investment?
Jun 15Recent updates
Returns At QES Group Berhad (KLSE:QES) Appear To Be Weighed Down
Jan 14QES Group Berhad's (KLSE:QES) Problems Go Beyond Weak Profit
Nov 25Is QES Group Berhad (KLSE:QES) Using Too Much Debt?
Aug 08QES Group Berhad's (KLSE:QES) Price Is Out Of Tune With Earnings
Jun 08Here's Why QES Group Berhad (KLSE:QES) Can Manage Its Debt Responsibly
May 09Why QES Group Berhad (KLSE:QES) Could Be Worth Watching
Jun 15QES Group Berhad's (KLSE:QES) Returns On Capital Not Reflecting Well On The Business
Dec 28Is QES Group Berhad (KLSE:QES) Potentially Undervalued?
Dec 08Here's Why We Think QES Group Berhad (KLSE:QES) Might Deserve Your Attention Today
Nov 11Does QES Group Berhad (KLSE:QES) Have A Healthy Balance Sheet?
Oct 18Is QES Group Berhad (KLSE:QES) Potentially Undervalued?
May 18Investors Could Be Concerned With QES Group Berhad's (KLSE:QES) Returns On Capital
Apr 05Is QES Group Berhad (KLSE:QES) Using Too Much Debt?
Mar 07QES Group Berhad (KLSE:QES) Seems To Use Debt Quite Sensibly
Nov 27Is QES Group Berhad (KLSE:QES) A Risky Investment?
Jun 15QES Group Berhad (KLSE:QES) Might Be Having Difficulty Using Its Capital Effectively
Apr 12QES Group Berhad (KLSE:QES) Could Easily Take On More Debt
Mar 01Is QES Group Berhad's (KLSE:QES) Shareholder Ownership Skewed Towards Insiders?
Feb 10Update: QES Group Berhad (KLSE:QES) Stock Gained 64% In The Last Year
Jan 20Does QES Group Berhad's (KLSE:QES) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 08
Can Mixed Fundamentals Have A Negative Impact on QES Group Berhad (KLSE:QES) Current Share Price Momentum?
Nov 17Financial Position Analysis
Short Term Liabilities: QES's short term assets (MYR196.0M) exceed its short term liabilities (MYR70.8M).
Long Term Liabilities: QES's short term assets (MYR196.0M) exceed its long term liabilities (MYR26.0M).
Debt to Equity History and Analysis
Debt Level: QES has more cash than its total debt.
Reducing Debt: QES's debt to equity ratio has increased from 14.8% to 20.3% over the past 5 years.
Debt Coverage: QES's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: QES's interest payments on its debt are well covered by EBIT (18.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/26 06:15 |
| End of Day Share Price | 2025/01/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
QES Group Berhad is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | JF Apex Securities Berhad |
| Hoe-Leong Chong | Public Investment Bank Berhad |
| Lee Horng | RHB Investment Bank |